World’s First Off-Grid Green Hydrogen Plant For Stainless Steel Sector Inaugurated at Jindal Stainless Hisar, India
Located at Jindal Stainless Limited in Hisar, Haryana, the state-of-the-art facility is also the world’s first green hydrogen plant with rooftop & floating solar, having capacity to reduce around 2,700 MTPA carbon emissions. Mar 28, 2024 Union Minister for Steel and Civil Aviation, Mr. Jyotiraditya M. Scindia, recently inaugurated India’s first green hydrogen plant in […]
Coil Processing Solutions Provider FIMIGroup Acquires FRANCI Srl for EUR 7.5 Million
FIMIGroup acquired 60 workplaces and an industrial site measuring more than 10,000 sq m of FRANCI Srl for EUR 7.5 million. Mar 15, 2024 Leading global coil processing solutions provider FIMIGroup has announced the acquisition of FRANCI Srl, an Italian company founded in 1955, leader in the field of design and construction of dies and […]
JSW Steel Comes up with Mega Integrated Green Steel Manufacturing Complex in Odisha
The INR 65,000 crore complex will come up at 2,958 acres in Odisha. It will include an integrated steel manufacturing unit with a capacity of 13.2 million TPA, a captive power plant, captive jetties, a cement manufacturing unit, and a modern township. Mar 15, 2024 Chief Minister of Odisha Naveen Patnaik has laid the foundation […]
Shyam Steel’s INR 1,500 Crore New Steel Plant in West Bengal to Have 1.19 MTPA Capacity
The new steel facility will increase Shyam Steels’ consolidated capacity to 4.03 MTPA, including finished steel of 1.36 MTPA. Mar 15, 2024 West Bengal Chief Minister Mamata Banerjee has virtually inaugurated an integrated steel plant of Shyam Steel at JSK-II in Purulia district of West Bengal, built with a capital investment of INR 1,500 crore. […]
Kamdhenu Group Eyes Strategic Alliances to Strengthen the Brand
Starting with a single reinforcement steel bar manufacturing plant, Kamdhenu Group has grown to be a leading brand with over 80 manufacturing units across the country. The group is the first company to introduce KAMDHENU PAS (Power Alloy Steel) 10000, a state-of-the-art power alloy steel product specially designed to redefine the construction scenario of the […]
Grow Ever’s Stepping Stones to Success
“In the span of a few years, Grow Ever has evolved from a nascent venture into a paragon of industrial triumph. Our journey, marked by unwavering dedication to innovation and progress, stands testament to the transformative strides we’ve taken within the industry. The inception of our state-of-the-art fourth manufacturing unit and the implementation of groundbreaking […]
Bright future: India Emerges as Second Largest Global Producer of Steel, Domestic Steel Production Registers Robust Growth
India produced 89.711 million tonnes of domestic finished steel during Apr-Nov 2023, registering 14.3 percent growth. Feb 21, 2024 The future of the steel sector in India looks propitious, as the domestic finished steel production during the first eight months of the current fiscal year (April-November 2023) has reached 89.711 million tonnes, as against 78.498 […]
Government Mulling Incentives to Fuel Green Transition in Steel Industry
Government contemplates rewarding steel companies, which prioritize energy-efficient technologies and sustainable practices with concessional finance and long-term loans. Feb 21, 2024 In order to create a conducive environment for the steel sector to embrace eco-friendly practices and accelerate green transition in steel production, the government is contemplating a slew of incentives for the industry, including […]
ArcelorMittal Nippon Steel to Invest INR 100 Crore to Set Up Three Scrap-Processing Centres
AM/NS India plans to invest INR 100 crore to set up three scrap-processing centers in Gujarat and Maharashtra. Dec 06, 2023 ArcelorMittal Nippon Steel India (AM/NS India) plans to set up three dedicated scrap-processing centers in Gujarat and Maharashtra, as major steel companies in India anticipate difficulties in meeting their scrap requirements through imports. AM/NS […]
Outokumpu & Siemens Join Forces to Reduce Carbon Emissions
Outokumpu and Siemens have joined forces to reduce carbon emissions in the production of medium-voltage switchgear. Outokumpu Circle Green®, with up to a 93 percent lower carbon footprint than the industry average*, will be used to produce medium-voltage switchgear. Dec 13, 2023 Outokumpu, the global leader in sustainable stainless steel, and Siemens, a technology company […]
